Surya Roshni delivered robust Q1 FY27 results with consolidated revenues up 28% YoY to INR 2,046 crore and PAT soaring 77% to INR 60 crore.
The company remains zero-debt with INR 155 crore net cash.
Steel Pipes & Strips saw revenues jump 32% to INR 1,590 crore with 2.28 lakh tons volume, highest ever Q1. Lighting & Consumer Durables revenues grew 15% to INR 456 crore.
Management is confident in achieving full-year EBITDA guidance of INR 670-680 crore, driven by capacity expansion to 16 lakh tons, increasing value-added products, and strong export growth.
Q2 steel volume is projected at 2.6-2.65 lakh tons, with EBITDA per ton expected to improve.
Discussions on corporate actions like buyback/demerger are ongoing.
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